Investment manager chair retiresBY DARREN SNYDER | FRIDAY, 30 NOV 2018 12:12PM
The chairman at one of Australia's largest institutional investors, and a long-time industry superannuation fund advocate, will retire next week.Read more: IFM Investors, ANZ, The New Daily, Royal Commission, Garry Weaven, ISA - Industry Super Australia, Alison Larsson, ACTU, AustralianSuper, Cath Bowtell, Federal Government, Financial Standard, Grant Dempsey, Greg Combet, IFS - Industry Fund Services, Linda Rubinstein, Murray Bleach, Productivity Commission
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Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
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OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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